{"id":1262411,"date":"2022-12-07T05:20:37","date_gmt":"2022-12-07T05:20:37","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/07\/gma-rejects-ghanas-domestic-debt-exchange-programme\/"},"modified":"2022-12-07T05:20:37","modified_gmt":"2022-12-07T05:20:37","slug":"gma-rejects-ghanas-domestic-debt-exchange-programme","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/07\/gma-rejects-ghanas-domestic-debt-exchange-programme\/","title":{"rendered":"GMA rejects Ghana&#8217;s Domestic Debt Exchange Programme"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Ghana Medical Association (GMA) has become the latest union to kick against the Government\u2019s decision to roll out the government\u2019s Domestic Debt Exchange Programme.<\/p>\n<p>In an attempt to restructure the country\u2019s unsustainable debt levels, the Government through the Minister of Finance Ken Ofori-Atta introduced the Debt Exchange Programme.<\/p>\n<p>The government thus invited \u201cholders of domestic debt to voluntarily exchange approximately GH\u00a2137 billion of the domestic notes and bonds of the Republic, including E.S.L.A. and Daakye bonds, for a package of New Bonds to be issued by the Republic.\u201d<\/p>\n<p>But the Ghana Medical Association said it is \u201ctroubled and alarmed by the negative impact that the Debt Exchange Programme announced by the Finance Minister will have on workers\u2019 pensions in particular and health care delivery in the country.\u201d<\/p>\n<p>The Association also said not only will the debt exchange affect pensions, but it will also impact negatively patient care, medication supply and claims management.<\/p>\n<p><strong>Click here to read the full statement<\/strong><\/p>\n<p>\u00a0<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"nrOLR2C7KCs\"><iframe loading=\"lazy\" title=\"Physician Assistants \u2018fight\u2019 Medical &amp; Dental Council over unfavorable policies | CNR\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/nrOLR2C7KCs?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Ghana Medical Association (GMA) has become the latest union to kick against the Government\u2019s decision to roll out the government\u2019s Domestic Debt Exchange Programme. In an attempt to restructure the country\u2019s unsustainable debt levels, the Government through the Minister of Finance Ken Ofori-Atta introduced the Debt Exchange Programme. The government thus invited \u201cholders of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1262412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1262411","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1262411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1262411"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1262411\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1262411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1262411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1262411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}